Any business owner knows that capital is the lifeblood of their business. This once-in-a-lifetime Pandemic has forced us to pay attention in ways that we have never had to before. Whether your business has had one of its best years ever in 2020 or your business has taken a hit from the effects of coronavirus, understanding your cash flow status will help you make important financial decisions before year-end.

As we approach year-end, you should consider how 2020 has impacted your business. Being able to tell the story of how this unusual year has affected your business will be key in maintaining a strong relationship with your lenders. Do you have sufficient funds to carry your business through the winter months and through the remainder of the pandemic? Do you expect revenue in the next 6 months to improve, hold steady, or decline? Having sufficient funds to carry your business through the slower months is critical.

Our panel of finance professionals will discuss best practices and things to consider when working on your year end and 2021 finance strategy. Join us to learn the top items you should review to strengthen your business going into the new year.

REGISTER for this FREE event. Upon registration you will receive an email with Zoom login details.

If you have questions please contact Michael Colclough.


Chad Curran
Chad Curran grew up in International Falls but spent 22 years in the Twin Cities, he has been in the Duluth/Superior area for about two and a half years working for National Bank of Commerce.  Having grown up in Northern Minnesota, he is glad to be back!

Chad started his banking career with a large, national bank as a personal banker and investment representative.  He continued his career in banking and moved to a family owned community bank and has been with a community bank ever since, the largest community bank in the Twin Ports.

Jennifer Wainionpaa
Jennifer Wainionpaa is a finance and business development professional with over 20 years of experience advising businesses in many areas including financial statement preparation and analysis, financing, budgeting, recordkeeping, business planning and succession planning. She is a Business Banking Officer at American Bank of the North located in Hibbing, MN where she helps business owners and entrepreneurs finance their business growth. Jennifer regularly partners with area economic development organizations to ensure her customers have access to the best resources available.

Mark T. Fredrickson, CPA
Mark joined Hansen House Company in February 2016. A 1987 cum laude graduate of the University of Minnesota Duluth, Mark started his career with McGladrey & Pullen, eventually rising to the level of Director and managing the Duluth office’s Small Business Group. In 2006 he moved to Shel/don Group as their CFO and became a co-owner in 2007. Mark has a broad knowledge of small business accounting and taxation issues and has consulted on several mergers and acquisitions.

Mark is a member of the American Institute of Certified Public Accountants and the Minnesota Society of Certified Public Accountants. He is currently serving as Secretary on the Ridgeview Country Club board of directors and has held many other positions there including President. His past community involvement also includes the SMDC Foundation Board, Family of God Lutheran Church Council, Junior Achievement Duluth-Superior Area, Junior Achievement of the Upper Midwest, and coaching youth basketball.

  • December 3, 2020
    11:00 am - 12:00 pm